Hong Leong MSIG Takaful Declares RM7.3 Million Surplus
Kuala Lumpur, 18th November 2016 / 18 Safar 1438 H – Hong Leong MSIG Takaful Berhad (HLM Takaful) has declared a surplus distribution of RM7.3 million for the financial year ended 30th June 2015, involving more than 87,000 of the Company’s General Takaful participants.
The distribution, marking the first surplus since the Company's inception in 2006, illustrates HLM Takaful’s prudent and positive underwriting result as well as positive investment return, while staying focus on ensuring all claims are managed in a prudent and ethical manner.
Unique feature of General Takaful products is that it allows all of its customers to benefit from it; even to those who have not made any claim, as they stand to receive a proportionate share of distributable surplus arising from the risk fund at the end of a defined period.
About Hong Leong MSIG Takaful Berhad
Hong Leong MSIG Takaful Berhad (HLM Takaful) is a joint venture between Hong Leong Financial Group Malaysia (HLFG) and Mitsui Sumitomo Insurance Company, Ltd. (MSI), a member of MS & AD Insurance Group of Japan which hold 65% and 35% stakes respectively.
HLM Takaful strives to provide innovative and dynamic products in the local market, while building its vision to become a world-class Shariah-compliant financial solutions provider.
More information about HLMT is available at www.hlmsigtakaful.com.my.
For media enquiries, please contact:
Nik Norishky Thani bin Nik Hassan Thani
Chief Operating Officer
Hong Leong MSIG Takaful Berhad
DL: +603 7650 1335 F: +603 7620 6730 E: email@example.com